News updated today Live desk
For publishersAbout
Breaking
Follow latest
Back to latest stories
World

If Binance says user funds are safe, why did Bitcoin still fall to US$77,037.20?

Bitcoin fell 4.87 per cent to US$77,037.20 in 24 hours and underperformed a broadly weaker crypto sector. A confirmed security incident at Binance on October 29 triggered the drop. That shock arrived against a 65 per cent correlation with the S&P 500. Macro risk aversion had already set a defensive tone. The result was a […] The post If Binance says user funds are safe, why did Bitcoin still fall to US$77,037.20? appeared first on e27.

E2
Originally published bye27 1h ago · e27.co
Read full report at e27

NewsBeagle is a discovery engine. We show the headline, a short source-supplied summary and clear attribution. The complete reporting remains with the publisher.